Threat of War Ends Market Tranquility
01/03/2020
The two-week holiday calm came to an abrupt end last night with a major escalation of military tension in the Middle East. Just hours after yesterday’s market close, it was revealed that a U.S. drone strike near the Baghdad Airport in Iraq had killed Iranian General Qassim Soleimani. Pentagon officials said President Trump had ordered the strike to protect U.S. personnel as Soleimani was said to be planning an attack on American diplomats and service members in Iraq.
